Buyout firms have recently used a range of reset tools to incentivise management, requiring careful navigation of legal, tax, and regulatory issues.
As buyout firms navigate current pressures on portfolio company...more
2/28/2024
/ Business Valuations ,
Buyouts ,
Capital Gains ,
Cash-in-Lieu of Benefits ,
Corporate Management ,
Corporate Restructuring ,
Equity Compensation ,
Incentive Compensation ,
Share Class Structures ,
Share Classes ,
Sponsors ,
Valuation
Deals require more transactional, advisory, and regulatory experience in the increasingly complex continuation vehicle market.
As the GP-led secondary market continues to evolve and reacts to new SEC rules and growing...more
The CMA increasingly reviews PE mergers including historic roll-up deals, which will prompt sponsors to reassess merger control risks.
The UK’s Competition and Markets Authority (CMA) is increasingly focused on...more
GP-led secondary deals — where a sponsor initiates the sale of portfolio companies from a fund it manages to a new fund it also manages — were a prominent feature of the private equity landscape in 2022, encouraged by...more
Consumer-facing companies face an increasingly complex UK regulatory landscape as multiple regulators place the spotlight on consumer rights and protections. A raft of new legislation is set to impact businesses and PE...more
4/5/2023
/ Buy Now Pay Later (BNPL) ,
Compliance ,
Consumer Contracts ,
Consumer Credit Protection ,
Consumer Financial Products ,
Financial Conduct Authority (FCA) ,
New Legislation ,
Portfolio Companies ,
Private Equity ,
Retail Investors ,
Sponsors ,
UK
PE firms face growing regulatory and litigation risks from greenwashing claims as they navigate a fragmented anti-greenwashing landscape.
Amid concerns of exaggerated or misleading sustainability claims, the UK Financial...more
1/30/2023
/ Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Greenwashing ,
Investors ,
OECD ,
Portfolio Companies ,
Private Equity ,
Private Equity Firms ,
Reputation Management ,
Risk Alert ,
Sponsors ,
Sustainability ,
Sustainable Business Practices ,
UK
Sponsors are likely to explore share-based schemes and other plans to incentivise non-managerial staff.
Incentivising management with sweet equity and co-investment opportunities is a tried and tested strategy for buyout...more
10/25/2022
/ Corporate Management ,
Employee Benefits ,
Employee Stock Purchase Plans ,
Equity Compensation ,
Executive Compensation ,
Incentive Compensation ,
Portfolio Companies ,
Private Equity ,
Private Equity Firms ,
Sponsors ,
UK
PE deal teams can increasingly access direct lending for large, cross-border buyouts but regulatory and structuring challenges across jurisdictions remain.
Direct lending has long been a feature of the debt market, and...more
Undrawn credit lines are essential to private equity but in short supply from banks.
Undrawn revolving credit facilities (RCFs) are essential to private equity. They are a backup in the event of mismatches in the working...more